This matter came before the court on the final fee application of debtors' counsel. Concluding that the fee request was not reasonable, the court imposed its own billing judgment with an across-the-board reduction of 12% on fees incurred after the first application period. Further, the court determined that the failure of debtors' counsel to properly defend an appeal by GMAC was "a dereliction of duty" that warranted an additional fee reduction of $100,000 as a sanction. Finally, the court reduced the amounts requested for carfare and delivery expenses by 50%, and limited reimbursement for airfare, hotel, out of town meals, facsimile expenses, and overtime personnel expenses incurred after the first application period to the amount of $220,000.